What is the population of Raymond city?

Raymond city has 771 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #407 of 914 in Minnesota.

What is the median household income in Raymond city?

Median household income in Raymond city is $62,308 a year, 20.7% below the national figure of $78,538.

How much does it cost to rent or buy in Raymond city?

Median gross rent is $959 a month and the median home value is $146,000, so rent absorbs about 18.5% of median household income.

Is Raymond city affordable compared with the rest of the US?

Homes cost about 2.3× the local median income here versus roughly 3.9× nationally, so Raymond city is more affordable to buy in than the typical US market, and rent takes 18.5% of median income against the 30% cost-burden line.

Aerial view of a dense city center, illustrating the US cities ZIP code directory

Minnesota · Census place 53296

Raymond, MN population, income and ZIP codes

Quick answer

The population of the city of Raymond, Minnesota (Raymond, MN — Census place “Raymond city”) is 771 residents, ranking #407 of 914 places in Minnesota. Median household income is $62,308, the median home is worth $146,000 and median gross rent runs $959 a month. Looking for the Raymond Minnesota ZIP code list? 1 ZIP codes serve Raymond, MN: 56282.

Population: 771Raymond city residents
Median household income: $62,308Past 12 months, inflation adjusted
Median home value: $146,000Owner-occupied units
Median gross rent: $959Rent plus utilities, monthly
Median age: 34.6 yrsAll residents
Homeownership rate: 67.8%Owner-occupied households

Raymond ZIP codes (Minnesota)

Census ZCTAs whose delivery area overlaps Raymond.

The Raymond MN ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

56282

What the numbers mean in Raymond city

Housing cost measured against local earnings.

A household earning the Raymond city median would spend about 18.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18.1% of residents and 67.8% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Raymond city, MN in context

How this area compares with national benchmarks.

Raymond city is a very small community in Minnesota, with 771 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #407 of 914 ranked by population — larger than 55% of them. The median age here is 34.6 years against 39.1 nationally, a slightly younger profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Raymond city earn a median of $62,308 a year, 20.7% below the national figure of $78,538 and 17% below the $75,469 median for the 361 Minnesota cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 18.1% of residents here, above the 12.4% national rate.

The typical owner-occupied home in Raymond city is valued at $146,000, 51.9% below the national figure and 39% below the $240,400 peer median, while median gross rent runs $959 a month, 31.8% below the national figure, or roughly $11,508 across a full year. A household on the local median income would put about 18.5% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 2.3×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 67.8% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

With 771 residents, a handful of survey responses moves every median on this page. Compare Raymond city against its county rather than against national figures.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in Minnesota.

More Minnesota coverage.

Frequently asked questions

Common questions about this area.

What is the population of Raymond city?: Raymond city has 771 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #407 of 914 in Minnesota.
What is the median household income in Raymond city?: Median household income in Raymond city is $62,308 a year, 20.7% below the national figure of $78,538.
How much does it cost to rent or buy in Raymond city?: Median gross rent is $959 a month and the median home value is $146,000, so rent absorbs about 18.5% of median household income.
Is Raymond city affordable compared with the rest of the US?: Homes cost about 2.3× the local median income here versus roughly 3.9× nationally, so Raymond city is more affordable to buy in than the typical US market, and rent takes 18.5% of median income against the 30% cost-burden line.
How current is this Raymond city data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.